Middle East Economic Survey
VOL. XLVIII
No 36
5-September-2005
EGYPT
Egypt Signs Two Hydrocarbon Agreements
Egypts Ministry of Petroleum on 29 August said it had signed two crude exploration concessions, one onshore and one offshore, covering a total of 4,323.5 sq km and requiring investments worth $47mn:
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An exploration concession in the North Bahrein block in the western desert covering an area of 4,297 sq km with Eni subsidiary International Egyptian Oil Company (IEOC) and Spains Cepsa. The...
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